Zip Code:

18643, Pittston, PA

18643 is a Pennsylvania Zip code within the city of Pittston and the county of Luzerne County. Its population is roughly 12,478.

The Real Estate Market in the 18643 Zip Code of Pittston, PA

The 18643 zip code of Pittston, PA is located in the Wyoming Valley region of Pennsylvania. The zip code has a population of around 16,000 and has a median household income of around $50,000. Pittston is a small town that was founded in 1792 and is home to the world’s largest coal mine. The town is currently experiencing some economic challenges as the coal industry has declined over the past few years. However, despite these challenges, home prices in the 18643 zip code have remained relatively stable over the past few years.

According to Zillow, the median home value in the 18643 zip code was $101,200 as of September 2017. This is slightly higher than the statewide median home value of $100,500 but lower than some other nearby zip codes such as 19512 (median home value: $119,800) and 18601 (median home value: $130,600). Despite this modest difference in median values, it should be noted that Pittston’s population is much smaller than either of those two zip codes so its housing market may be more sensitive to changes in price trends.

One reason why home prices may have remained relatively stable over recent years is that there hasn’t been much growth in demand for homes within the 18643 zip code. In fact, according to data from Zillow Home Value Index®, there was actually negative growth (-0.3%) in house values between 2016 and 2017 which suggests that there may not be many potential buyers looking to purchase homes within this area at this time. Additionally, while there are a number of single-family homes available for sale within this area (around 30%), most are priced above what would be considered affordable for most people living within this region. This indicates that while there may not be an overwhelming amount of demand for homes within this particular area right now, it seems likely that prices will start to rise again once more people become interested in purchasing or moving into properties within this zone

Price Index: Scranton--Wilkes-Barre, PA

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